Market making for leverage products

BNP Paribas was able to slightly improve its market‑making quality in November, defend its fourth place in the PMMI (Payoff Market Making Index) for leveraged products, and further increase its lead over the competitor in fifth place.

The Payoff Market Making Index measures the spread (bid ask spread), tradeable volume and quote availability of structured products offered on SIX Swiss Exchange and thus serves as a benchmark for market-making qualities of the individual issuers.
A value above 80 points is considered sufficient, values below 80 points are insufficient.